After the decision by the US Federal Reserve to lower interest rates, cryptocurrency investment products attracted a significant amount of capital. From the week of 15th to 21st September, investments in digital assets increased by $321 million, slightly lower than the previous week's inflow of $436 million. The end of the past week did not trigger any substantial selloff in the market. However, the price is currently in the area of local resistance.

In the case of a downward adjustment

The nearest support could be closer to the levels of $60,500-$60,000.

With an upward trend

With an upward trend and firm consolidation above the $65,000 level, the target range could be the $68,500-$70,000 area. There are no fundamental reasons for a decline in quotations, however technical correction downward is possible.